$BTC
In 2024, the price of Bitcoin had once surpassed $100,000, with a doubling in annual growth, outperforming gold and most global stock markets.
However, since late December, the market has seen a correction, with prices declining.
Recently, the price of Bitcoin has risen again, standing at $97,000 per coin, with an intraday increase of about 2.60%.
Cryptocurrency concept stocks have also risen broadly, with Canaan Inc. (CAN.US) up over 15% and Bit Digital (BTBT.US) up over 9%.
Additionally, the asset management scale of Bitcoin ETFs in the US, both spot and derivative, has surpassed $129 billion, exceeding the $128.8 billion of gold ETFs for the first time.
Despite the recent strong performance, the market still presents volatility.
Investors should closely monitor macroeconomic data, policy changes, and other factors, proceed with caution, and avoid blindly chasing highs.